4806 Collegiate Drive

Wilmington, NC 28403

$655,000

$242 per Sq.Ft.

Active
4 beds
3.5 baths
2711 Sq. Ft.
Residential
Built in 2011
MLS #100582046

4 beds

3.5 baths

2711 Sq. Ft.

Residential

Built in 2011

MLS #100582046

Tucked into the established College Park neighborhood just minutes from UNCW and under 15 minutes to Wrightsville Beach, this 4-bedroom, 4.5-bath home is a rare turnkey opportunity -- a proven short-term rental with no HOA, in one of Wilmington's most rentable locations. It already has over $52,000 in bookings on the calendar for the current year and is on track for $65,000-$75,000 in gross rental income, making it a compelling buy for investors while living equally well as a primary or multi-generational residence. The standout is the layout: all four bedrooms feature their own private en-suite bathroom -- a true rarity that makes the home ideal as a short-term rental, a premium college rental near campus, or a comfortable home for families and roommates alike. A private elevator serves all three levels, adding genuine convenience and accessibility while widening the home's appeal to every kind of guest. The main living level centers on an open-concept great room, where a generous living and dining space flows into a kitchen with granite countertops, stainless steel appliances, a center island, and a pantry. Step out to the screened porch off the kitchen and take in the private, wooded backyard -- built for morning coffee or evenings around the firepit. Upstairs, a secluded primary suite offers a large walk-in closet and a spa-style bath with a tiled walk-in shower and dual vanity. The ground level adds a two-car garage, a universal EV charger, ample storage, and a private en-suite bedroom -- perfect for guests, a home office, or a separate suite. Between the location, the income history, and the rare four-en-suite layout, this is a turnkey investment that's tough to replicate.

Interior Features

Total bedrooms

4 bedrooms

Full bathrooms

3 full bathrooms

Half bathrooms

1 half bathrooms

Kitchen appliances

Built-in microwave, dishwasher

Interior features

Walk-in closet(s), elevator, ceiling fan(s), pantry, walk-in shower

Flooring

Carpet, tile, wood

Cooling

Central air, wall/window unit(s)

Heating

Electric, heat pump

Exterior Features

Lot size

0.14 acres

Water front

Fencing

Back yard, wood

Exterior features

Vinyl siding

Roof

Shingle

HOA Information

HOA

HOA amenities

No amenities

Utilities

Sewer connected, water connected

Schools

Elementary school

College Park

Middle school

Williston

High school

New Hanover

Other Information

Tax assessed value

$529,700.00

Tax amount

$3,117.29

Tax year

2025

Zoning

R-10

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

Market trends

There were 451 new listings in Wilmington last month. The average time on market was 54 days and the average price of new new listings was $601,184. Over the last three months, the average sale price to list price ratio was 96.37%.

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4806 Collegiate Drive